The Manufacturers Life Insurance Company acquired a new position in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 79,030 shares of the company's stock, valued at approximately $2,549,000.
Several other institutional investors also recently modified their holdings of AMTM. Arrow Financial Corp bought a new stake in shares of Amentum in the third quarter worth $26,000. US Bancorp DE acquired a new position in Amentum in the third quarter valued at $30,000. Signaturefd LLC acquired a new position in Amentum in the third quarter valued at $33,000. HM Payson & Co. acquired a new position in Amentum in the third quarter valued at $38,000. Finally, Studio Investment Management LLC acquired a new position in Amentum in the third quarter valued at $42,000. Institutional investors own 39.93% of the company's stock.
Wall Street Analyst Weigh In
Several research firms recently issued reports on AMTM. Truist Financial began coverage on shares of Amentum in a report on Monday, October 14th. They issued a "buy" rating and a $31.00 target price on the stock. Raymond James began coverage on shares of Amentum in a report on Thursday, November 21st. They issued an "outperform" rating and a $30.00 target price on the stock.
Check Out Our Latest Stock Report on AMTM
Amentum Trading Up 2.5 %
Shares of NYSE AMTM traded up $0.58 during trading on Monday, hitting $23.75. 2,556,483 shares of the company traded hands, compared to its average volume of 2,490,730. Amentum Holdings, Inc. has a fifty-two week low of $21.24 and a fifty-two week high of $34.50.
Amentum Company Profile
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Free Report)
Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.
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